Ethereum (ETH) – Update April 23, 2025
Current Price: $1,794.00
Market Cap: $216.42 billion
24h Trading Volume: $27.29 billion
Circulating Supply: 120.71 million ETH
Maximum Supply: Unlimited
All-Time High: $4,891 (November 16, 2021)
📊 Technical Indicators
RSI (14): 54.23 – Neutral, showing slight recovery but not yet in overbought territory.
MACD (12,26): 0.043 – Positive signal, suggesting a potential short-term uptrend.
Stochastic (9,6): 48.76 – Neutral zone, market in a consolidation phase.
ADX (14): 32.89 – Moderately strong trend, could gain strength if volume increases.
CCI (14): 45.32 – Neutral, no clear signal of reversal or breakout.
📈 Trend Outlook
Ethereum is showing signs of a mild recovery following recent declines. MACD and RSI indicate short-term bullish momentum, though not yet strong enough to confirm a long-term trend. Volume has improved but still needs support from fundamental developments or news catalysts to sustain a breakout.
🎯 Suggested Strategy
Short-Term: Consider buying if price holds above $1,750, with a short-term target around $1,850.
Long-Term: Await more concrete developments from the Ethereum ecosystem or market structure before setting a long-term investment plan.